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Trump tried to develop towers in Russia in the ’80s: report
From left: Vladimir Putin, Trump Soho and Donald Trump From the New York site: Donald Trump attempted to build a luxury hotel in Soviet Moscow in the 1980s and has repeatedly sought development...
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Current reader favorites: 1. Neman Brothers buys El Segundo office for $29.2M 2. Church of Scientology buys longtime rental for $32.5M 3. City planning approves Frank Gehry’s WeHo project 4. Will the...
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Keggers aside, it’s good to be a landlord for college kids
A typical student’s room (credit: Christian Rodriguez/Flickr) From the New York website: If they can handle all-night parties and college-aged tenants, student housing landlords are making a killing in...
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Former Sonny and Cher compound may be sold for $93M
Sonny and Cher, and the Owlwood estate at 141 South Carolwood Drive Rumor has it that Sonny and Cher’s old Bel Air pad is about to be sold for around $93 million, Variety reported. If the transaction...
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TRD’s LA Market Report coming this September
The Real Deal is picking up stakes and heading out west! The inaugural edition of our Los Angeles Market Report will be included with the September issue of the magazine. Our newest special issue will...
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These are the five priciest single-family sales of July
Al Pacino, who lives next to the massive 616 North Beverly Drive, and another recently sold property at 1740 Bel Air Road in Beverly Crest When it comes to ritzy homes, it seems that Beverly Hills will...
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K-Swiss puts its footprint on DTLA
PacMutual building. Inset, K-Swiss sneakers Shoe manufacturer K-Swiss is stepping out of its longtime headquarters in Westlake Village — a community that shares borders with both Ventura and Los...
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Westwood is the most unaffordable college town in the U.S. for off-campus...
Westwood (credit: Rick Meghiddo) Off-campus student housing can be rewarding for investors — that is, if they can stomach the toga parties. UCLA’s hometown of Westwood, for instance, is America’s most...
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Development in Mar Vista could be dimmed by mansionization restrictions
Louis Leal of Halton Pardee + Partners Good schools and proximity to coastal beaches have drawn residential interest to Mar Vista — but development in the area may slow with new restrictions. A look...
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Current reader favorites: 1. More than 42K CA homes at risk from rising sea levels: Zillow 2. Church of Scientology buys longtime rental for $32.5M 3. Mohamed Hadid won appeal to keep hikers off land...
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Ratkovich’s $130M loan on Alhambra office complex transferred to special...
The Alhambra A $130 million loan attached to the Ratkovich Co.’s 45-acre mixed-use office campus in Downtown Alhambra has been transferred to special servicing, The Real Deal has learned. The...
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How starchitects are remaking skylines
Bjarke Ingels with the Durst Organization’s Via 57 West From the August issue: In a city ruled by conservative straight-lined skyscrapers, Bjarke Ingels’ 2 World Trade Center — when and if it is...
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Say what? DTLA landlords are offering free rent
A bedroom at one of the apartments in the Eighth & Grand project Forget about free lunch — some Downtown Los Angeles landlords are now are giving out lodging for free. Because of the neighborhood’s...
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How baby boomers are fueling the U.S. rental market
(house photo credit: Wikipedia Commons) From the South Florida website: For U.S. millennials looking to move away from home, their new landlords could end up being someone else’s mom and dad. The share...
View ArticleSoylent CEO’s shipping container removed from Flat Top
A photo posted by Robert Rhinehart (@robertrhinehart) on Apr 19, 2016 at 12:09am PDT The saga ends here. The bright red shipping container that has trolled the hilltop above Lincoln Heights was...
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Realogy weathers “challenging” Q2, vows to fight rivals’ rampant agent poaching
Pam Liebman and Richard Smith From the New York website: Even the Goliath of real estate companies isn’t immune to agent poaching. In reporting a “challenging” second quarter, Realogy Holdings — the...
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Developers are snatching up Santa Monica’s entry level housing stock
Raymond Lyon of Keller Williams and a house at 2004 Marine Street in Sant Monica that recently sold. Lyons was not on the deal. (Credit: MLS, Yelp) Single-family home prices are inching upward in Santa...
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Current reader favorites: 1. These are the five priciest single-family sales of July 2. Westwood is the most unaffordable college town: report 3. K-Swiss puts its footprint on DTLA 4. Mansionization...
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Could California have too many hotels in the works?
Renderings of the Sunset La Cienega project which will house the James Hotel in West Hollywood California developers may be overdoing hotel construction. More than 17,000 hotels rooms are under...
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Playboy Mansion deal falls through: report
Hefner and the Playboy Mansion Updated, 1:30 p.m., Aug. 5: Well, that was fast. Hostess fortune heir Daren Metropoulos will not be the Playboy mansion’s new owner after all, as the $105 million deal...
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